Business
‘If You are richer than you should, you will be held to account for it’ – Acting President, Yemi Osinbajo
The Acting President, Professor Yemi Osinbajo has said that anybody found out to have more money than he or she should would be held to account for it. He also said that people who loot the public treasury or their organizations are doing so out of greed, and not because of any political objective of keeping a war chest for the future.
Osinbajo made this remark today at the celebration of Father’s Day at Aso Villa Chapel, during which he also challenged the church to teach the lessons of honesty and integrity.
”Many would say the reason why they steal is because they want to have an arsenal for future political exploits. It is a lie. It is greed. In any case, even if you want to do that, you have no right to do it,” he said.
His message from the pulpit certainly strikes a chord against the backdrop of the avalanche of corruption cases the Buhari administration has been pursuing.
The campaign had suffered some setbacks of late, with controversial verdicts by the court that tend to let go the accused.
Osinbajo, a professor of law and also a pastor of the Redeemed Church felt the church has a role to play.
“If the church says we will not accept you here or that we will expose you if you are stealing the resources of the country or stealing the resources of a private company or other establishment where you work, we would not have the type of problem that we have in this country.”
“In Genesis 18:19. God was speaking about Abraham. And God said he had known him or called him in order that he may command his children and his household after him that they keep the way of the Lord with righteousness and justice that the Lord may bring to Abraham what He had spoken to him.
“In other words, God was saying that He called Abraham, in particular, because he realizes that Abraham will command his household, will command his children to do righteousness and justice and to fear God. And if you back this up with Genesis 12:2, God has spoken concerning Abraham, that He will make Abraham a great nation. Genesis 12:3 says, God said, I will make you a great nation.
“In other words, the role of the father is supposed to be that of building nations, building generations. And Abraham is the example God set for us; of a man who God wanted to be the exemplar of the type of conduct that God expects of fatherhood; a man who will teach his children and children thereafter the way of righteousness and justice and the way of fear of God.
“When I listened to His Eminence, the Prelate of the Methodist Church a few minutes ago, talking about the importance of the type of training that he received as a child in his family, I’m sure many of us here are reminded of that type of training. A type of training where you are taught and reminded about integrity, primarily as the first order of business; that you must be a person of integrity.
You must be truthful, you must be trustworthy, you must be honest, you must be forthright. That is the foundation. And in the days he referred to, Catechism was an important part of our lives. Even just knowing the 10 Commandments was enough to teach you about righteousness, teach you about the way of truth and I think that is very important, especially for us today as Christians.
“Christian fatherhood in particular is a position that God has placed us as exemplar to our nation. The Christian father is the one referred to in Genesis 18:19; the one who will teach the way of righteousness and justice to his children and would teach the fear of the Lord.
And I just want to say to all of our leaders (and I was speaking with few of our Christian leaders just last week, both of the PFN and CAN just last week on various occasions) that it is the role of the church to build this nation. And the church has that role because God has said concerning us that we are the light of the world and we are the salt of the earth. That role is a very, very difficult role.
“We are not to teach the world how to be like the world but to teach the world how to be like the one who saved the world, how to be like Jesus. It is not easy.
“Every time that we come to church, we are told about giving. But we need to talk more about honesty. We need to talk far more about honesty. In the same way we talk about giving, we need to talk more about honesty because just like His Eminence said, Nigeria’s great problem is not the absence of prosperity. It is as he so eloquently put it, that we have enough for our needs but we don’t have enough for our greed.
The greed of many is what has landed this country where it is today. It is the greed of so many; many who have been placed in position of authority. It is their greed that has landed us where we are, where it is difficult to do the sorts of things His Eminence saw in Washington and so many other places. You cannot steal half of the resources of the country and expect to build the sort of things you see in other places.
“And if the church says you are not allowed to steal and we will ostracize you in our midst if you did. If what a man has does not measure up to what he has, if we found that a man has more money than he should have, if a man is earning a salary of a civil servant or a public servant and he has houses everywhere, we have to hold him to account. But he must be held to account in the church. He must be told first in the church we will not allow you here.
If the church says we will not accept you here or that we will expose you if you are stealing the resources of the country or stealing the resources of a private company or other establishment where you work, then we would not have the type of problem that we have in this country. If only the church does so, just the church.
“Just as Christian fathers today, it is our duty as God spoke concerning Abraham in Genesis 18:19, it is our duty to build up a generation of righteous men and women, a nation of just men and women who fear God and puts God above everything else. And I believe that the Almighty God will help us.
“I just pray that the Father of fathers, the One who has called us, one who has saved us will bless each and every father here today in the mighty name of Jesus. The Almighty God who is the great Father of all fathers will ensure that we get everything we need to make our families, to make communities truly great and to make our nation g
Business
Deadline of Compliance: Nigeria’s Urgent Call for Tax Return Filing
Deadline of Compliance: Nigeria’s Urgent Call for Tax Return Filing
By George Omagbemi Sylvester | Published by SaharaWeeklyNG.com
“Shift or Structural Demand? A Declaration of Civic Duty in a Nation at a Fiscal Crossroads.”
In the unfolding narrative of national development and economic reform, few instruments are as defining as tax compliance. For Nigeria, a nation perpetually grappling with revenue shortfalls, structural dependency on a single export commodity, and entrenched informal economic behaviour, the Federal Government’s recent clarification on tax return deadlines is not mere bureaucratic noise. It is a deliberate and inescapable declaration: the social contract between citizen and state must be honoured through transparent, lawful and timely tax reporting.
At its core, the government’s pronouncement is stark in its simplicity and radical in its implications. Federal authorities, speaking through the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, have made it unequivocally clear that every Nigerian, whether employer or individual taxpayer, must file annual tax returns under the law. This encompasses self-assessment filings by individuals that too many assumed ended once employers deducted pay-as-you-earn taxes from their salaries.
This is not an optional civic suggestion, it is mandatory, backed by statute, and tied to a broader vision of national fiscal responsibility. Citizens can no longer hide behind ignorance, apathy, or false assumptions. “Many people assume that if their employer deducts tax from their salaries, their obligations end there. That is wrong,” Oyedele warned, emphasizing that the obligation to file remains with the individual under both existing and newly reformed tax laws.
The Deadlines and the Reality They Reveal.
Across the federation, state and federal revenue authorities have reaffirmed statutory deadlines in pursuit of compliance. The Lagos State Internal Revenue Service, for instance, moved to extend its filing date for employer returns by a narrow window, reflecting the reality that compliance often lags behind legal timelines. The extension was intended not as leniency, but as a pragmatic effort to allow accurate and complete submissions, underscoring that true compliance rises above mere mechanical ticking of a box.
At the federal level, Oyedele’s intervention was even more fundamental. He reminded Nigerians that annual tax returns for the preceding year must be filed in good faith, with integrity and in respect of the law. This applies regardless of income level including low-income earners who have historically believed that they are outside the tax net. “All of us must file our returns, including those earning low income,” he stated.
Herein lies one of the most challenging truths of contemporary Nigerian governance: widespread tax non-compliance is not just a technical breach of law, it is a deep cultural and structural issue that reflects decades of mistrust between citizens and the state.
The Root of the Problem: Non-Compliance as a Symptom.
Nigeria’s tax culture has long been under scrutiny. Public discourse and economic analysis consistently show that a significant majority of eligible taxpayers do not file annual returns. Oyedele highlighted that even in states widely regarded as tax administration leaders, compliance remains strikingly low, often below five percent.
This widespread non-compliance stems from multiple sources:
A long history of weak tax administration systems, where enforcement was inconsistent and penalties were rarely applied.
A perception that public services do not reflect the taxes collected, eroding the citizenry’s belief in reciprocity.
An informal economy where income often goes unrecorded, making filing seem irrelevant or impossible to many.
Lack of awareness, with many Nigerians genuinely believing that tax liability ends with employer deductions.
The government’s renewed push for compliance directly challenges these perceptions. It signals a shift from voluntary or lax compliance to structured accountability, a stance that aligns with best practices in modern public finance.
Why This Matters: Beyond Deadlines.
At its most profound level, the insistence on tax return filings is about nation-building and shared responsibility.
Scholars of public finance universally agree that a robust tax system is the backbone of sustainable development. As the eminent economist Dr. Joseph E. Stiglitz has observed, “A society that cannot mobilize its own resources through fair taxation undermines both its government’s legitimacy and its capacity to provide for its people.” Filing tax returns is not a mere administrative task, it is a declaration of participation in the collective project of national advancement.
In Nigeria’s context, this declaration carries weight. With the enactment of comprehensive tax reforms in recent years (including unified frameworks for tax administration and enforcement) authorities now possess broader statutory tools to ensure compliance and accountability. These measures, which include electronic filing platforms and stronger enforcement powers, have been framed as fair and equitable, targeting efficiency rather than arbitrariness.
Yet the success of these reforms depends heavily on citizens embracing their civic duties with sincerity. And this depends on mutual trust, the belief that paying taxes yields tangible benefits in infrastructure, education, healthcare, security and social services.
Voices From Experts: Fiscal Responsibility as a Public Ethic.
Tax law experts and economists, reflecting on the compliance push, have underscored a universal theme: taxation without transparency is inequity, but taxation with accountability is empowerment. When managed with fairness, a functional tax system can reduce dependency on volatile revenue sources, stabilise national budgets, and support long-term investment in human capital.
Professor Aisha Bello, a respected authority in fiscal policy, notes that “Tax compliance is not a burden; it is the foundation upon which social contracts are built. A citizen who honours tax obligations affirms the legitimacy of governance and demands better performance in return.”
Similarly, a leading tax scholar, Dr. Emeka Okon, argues that “The era when Nigerians could evade broader tax responsibilities simply because automatic deductions occur at source must end. For a modern economy, every eligible citizen must be part of the formal tax fold not as victims, but as stakeholders.”
These authoritative voices point to an unassailable truth: filing tax returns is both a legal requirement and a moral responsibility, an expression of citizenship in its fullest sense.
Challenges on the Ground: Compliance and Capacity.
While the rhetoric of compliance is compelling, the reality on the ground demands nuanced understanding. Many taxpayers (especially in the informal sector) lack meaningful access to digital platforms and resources for filing returns. For others, the fear of bureaucratic complexity and perceived punitive enforcement deters participation.
The government, for its part, has responded by promoting online systems and pledging greater taxpayer support. Tax authorities are increasingly engaging stakeholders to demystify filing processes, explain requirements and offer assistance. This mix of enforcement and facilitation is essential. As one seasoned revenue specialist observed: “The state cannot compel compliance through force alone; it must earn it through education, simplicity and fairness.”
The Broader Implication: A New Social Compact.
Ultimately, Nigeria’s renewed emphasis on tax return filing transcends administrative deadlines. It is an unequivocal declaration that national development is a shared responsibility, that citizens and state must engage in a transparent, accountable, and reciprocal relationship.
Tax compliance, therefore, becomes far more than a legal act; it becomes a moral claim on the nation’s future.
When citizens file their returns honestly, they affirm their stake in the nation’s destiny. When the government collects taxes transparently and deploys them effectively, it strengthens not only public services but civic trust itself.
In this sense, the deadlines proclaimed by Nigeria’s fiscal authorities mark not an end but a beginning; the beginning of a civic epoch in which accountability replaces apathy, participation replaces indifference and national purpose triumphs over fragmentation.
The road ahead will not be easy. But in demanding compliance, Nigeria is demanding more than tax returns. It is demanding commitment and that, ultimately, is the foundation on which nations are built.
Business
BUA Foods Records 91% Surge in Profit After Tax, Hits ₦508bn in 2025
BUA Foods Records 91% Surge in Profit After Tax, Hits ₦508bn in 2025
By femi Oyewale
Business
Adron Homes Unveils “Love for Love” Valentine Promo with Exciting Discounts, Luxury Gifts, and Travel Rewards
Adron Homes Unveils “Love for Love” Valentine Promo with Exciting Discounts, Luxury Gifts, and Travel Rewards
In celebration of the season of love, Adron Homes and Properties has announced the launch of its special Valentine campaign, “Love for Love” Promo, a customer-centric initiative designed to reward Nigerians who choose to express love through smart, lasting real estate investments.
The Love for Love Promo offers clients attractive discounts, flexible payment options, and an array of exclusive gift items, reinforcing Adron Homes’ commitment to making property ownership both rewarding and accessible. The campaign runs throughout the Valentine season and applies to the company’s wide portfolio of estates and housing projects strategically located across Nigeria.
Speaking on the promo, the company’s Managing Director, Mrs Adenike Ajobo, stated that the initiative is aimed at encouraging individuals and families to move beyond conventional Valentine gifts by investing in assets that secure their future. According to the company, love is best demonstrated through stability, legacy, and long-term value—principles that real estate ownership represents.
Under the promo structure, clients who make a payment of ₦100,000 receive cake, chocolates, and a bottle of wine, while those who pay ₦200,000 are rewarded with a Love Hamper. Payments of ₦500,000 attract a Love Hamper plus cake, and clients who pay ₦1,000,000 enjoy a choice of a Samsung phone or a Love Hamper with cake.
The rewards become increasingly premium as commitment grows. Clients who pay ₦5,000,000 receive either an iPad or an all-expenses-paid romantic getaway for a couple at one of Nigeria’s finest hotels, which includes two nights’ accommodation, special treats, and a Love Hamper. A payment of ₦10,000,000 comes with a choice of a Samsung Z Fold 7, three nights at a top-tier resort in Nigeria, or a full solar power installation.
For high-value investors, the Love for Love Promo delivers exceptional lifestyle experiences. Clients who pay ₦30,000,000 on land are rewarded with a three-night couple’s trip to Doha, Qatar, or South Africa, while purchasers of any Adron Homes house valued at ₦50,000,000 receive a double-door refrigerator.
The promo covers Adron Homes’ estates located in Lagos, Shimawa, Sagamu, Atan–Ota, Papalanto, Abeokuta, Ibadan, Osun, Ekiti, Abuja, Nasarawa, and Niger States, offering clients the opportunity to invest in fast-growing, strategically positioned communities nationwide.
Adron Homes reiterated that beyond the incentives, the campaign underscores the company’s strong reputation for secure land titles, affordable pricing, strategic locations, and a proven legacy in real estate development.
As Valentine’s Day approaches, Adron Homes encourages Nigerians at home and in the diaspora to take advantage of the Love for Love Promo to enjoy exceptional value, exclusive rewards, and the opportunity to build a future rooted in love, security, and prosperity.
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